Historic Malagasy Ariary Namibian dollar

Malagasy Ariary namibian dollar history for February 2024. The highest quote for this month is 0.004424 (13/02/2024) and the lowest 0.004312 (27/02/2024). The difference between high and low is 2.53.

MGA NAD average rate for February 2024 is 0.00421, the change between 01/02/2024 and 29/02/2024 is -4.72 %.

01 February 20241 MGA = 0.0041 NAD
02 February 20241 MGA = 0.0041 NAD
03 February 20241 MGA = 0.0042 NAD
04 February 20241 MGA = 0.0042 NAD
05 February 20241 MGA = 0.0041 NAD
06 February 20241 MGA = 0.0042 NAD
07 February 20241 MGA = 0.0042 NAD
08 February 20241 MGA = 0.0042 NAD
09 February 20241 MGA = 0.0042 NAD
12 February 20241 MGA = 0.0042 NAD
13 February 20241 MGA = 0.0042 NAD
14 February 20241 MGA = 0.0042 NAD
15 February 20241 MGA = 0.0042 NAD
16 February 20241 MGA = 0.0042 NAD
17 February 20241 MGA = 0.0042 NAD
18 February 20241 MGA = 0.0042 NAD
19 February 20241 MGA = 0.0042 NAD
20 February 20241 MGA = 0.0042 NAD
21 February 20241 MGA = 0.0042 NAD
22 February 20241 MGA = 0.0042 NAD
23 February 20241 MGA = 0.0043 NAD
24 February 20241 MGA = 0.0043 NAD
25 February 20241 MGA = 0.0043 NAD
26 February 20241 MGA = 0.0043 NAD
27 February 20241 MGA = 0.0043 NAD
28 February 20241 MGA = 0.0043 NAD
29 February 20241 MGA = 0.0043 NAD

01/01/2023: Planned Fourth Redenomination of Ariary

Madagascar announces plans for the fourth redenomination of the Ariary, aiming to simplify the currency system further.

01/01/2017: Third Redenomination of Ariary

The Malagasy Ariary experiences its third redenomination, resulting in the currency being divided by 5, making 1 new Ariary equal to 5 old Ariary.

26/01/2016: New N$100 and N$200 Banknotes Introduced

Namibia introduced new banknotes of N$100 and N$200 denominations to address the need for higher-value currency in the growing economy.

30/08/2012: Introduction of N$10 Commemorative Banknote

Namibia introduced a commemorative banknote of N$10 to celebrate the centenary of the country's struggle for independence.

27/10/2008: Financial Crisis Impact

Due to the global financial crisis, the Namibian dollar experienced a depreciation against major currencies, affecting the country's economy.

01/08/2003: Second Redenomination of Ariary

The Malagasy Ariary goes through its second redenomination, with 1 new Ariary equal to 5 old Ariary.

01/01/2002: Replacement of Old Banknotes

Old banknotes of the Namibian dollar were demonetized, and new banknotes became the only valid currency.

01/06/1999: Introduction of New Banknotes and Coins

New series of banknotes and coins were introduced in Namibia, featuring indigenous wildlife and cultural symbols.

16/12/1993: First Redenomination of Ariary

The Malagasy Ariary undergoes its first redenomination, replacing the currency at a ratio of 1 new Ariary to 5 old Ariary.

30/08/1993: Dollarization of Namibia

Namibia adopted the Namibian dollar as its sole legal tender, replacing the South African rand as the official currency.

21/03/1990: Independence of Namibia

Namibia gained independence from South Africa, leading to the introduction of the Namibian dollar as the official currency of the newly established country.

01/01/1983: Introduction of Malagasy Ariary

The Malagasy Ariary is introduced as the new official currency of Madagascar, replacing the Malagasy Franc.

26/06/1975: Independence of Madagascar

Madagascar declares independence from French colonial rule, leading to changes in the national currency.

26/06/1961: Introduction of Malagasy Franc

Malagasy Franc introduced as the official currency of Madagascar to replace the French Franc.